Wheat futures rise as Black Sea fighting continues
Wheat futures are higher Tuesday, with the Russia-Ukraine war and continued Black Sea fighting cited as the chief support, despite White House envoys’ recent visits to Russia.
Wheat futures rose Tuesday as fighting in the Black Sea region continued despite weekend visits to Russia by White House envoys Steve Witkoff and Jared Kushner. Charlie Sernatinger of Marex said in a note that the war between Russia and Ukraine remained the main support for wheat futures.